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Stock Valuations

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where-to-find-todays-values

Where to Find Today’s Values

October 1, 2005

The last few months have taught the benefits of diversification, balance, and a margin of safety. One of our investment themes of the last few years is that U.S. stocks and bonds are in a declining phase of the valuation cycle. It will be a while before investors are willing to take great risks and […]

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